Coinlife review
Incentivized by the growing crypto potential, Coinlife emerged as a very promising cryptocurrency trading platform in 2020. One year later, it is among the reputable brands in the industry, offering access to a diversified range of tokens. Trading crypto with Coinlife comes with other multiple benefits, including access to advanced software, strong security, 24/6 customer support, and trusted payment methods for both deposits and withdrawals.
Since 2021 started with a bang for the cryptocurrency industry, Coinlife now holds great potential for success, thanks to its crypto-tailored and personalized offer. If you are currently looking for reliable trading features, this Coinlife review will highlight some of the main benefits when trading via this platform.
Coinlife platform
When getting involved in a very volatile market like cryptocurrencies, the importance of trading software increases significantly. The customers’ expectations are elevated, which is why Coinlife took some time to study the goals and needs of traders, before launching its services. Using the expertise of trading professionals, the company has managed to develop a proprietary web-based solution, one that meets the demands of traders in 2021.
Short-term cryptocurrency trading can be done using technical analysis strategies and thanks to Coinlife’s software, traders can take advantage of advanced charting and built-in trading tools, all integrated to help them make better decisions each day.
On a PC, laptop, and mobile, the platform can be operated without any issues using a browser. Coinlife is aware that a great degree of flexibility is required, considering traders can’t stay in front of the charts all day.
Assets available at Coinlife
Coinlife is a trading platform for those who want to focus 100% on cryptocurrencies. At a time when other brands are still reluctant to enhance their crypto offer, this company covers tens of Altcoins, on top of Bitcoin and Ether. The upside potential in cheaper Altcoins, which have a solid projection behind them, is unquestionable and Coinlife wants its customers to have many opportunities to choose from.
The crypto offer is by far one of the most important benefits. We should also highlight that traders can use margin and there are no commissions charged. Tight and flexible costs facilitate short-term trading.
Opening a Coinlife account
Another bit of good news is that all these features are available via a standard Coinlife account. With a belief in democratizing access to the crypto industry, the brand makes efforts so that all customers can benefit from optimal conditions.
Opening an account does not require any special skills and can be done in a few minutes. The same can be said about funding it since Coinlife supports fast payments using a credit/debit card, or wire transfer.
Multiple common-sense policies are the source for the rules regarding how services are provided, protection of client data and funds, as well as the withdrawal policy.
Pros
- Multiple trading benefits available via a standard account
- Coverage for “hot” Altcoins like Chainlink and Polkadot
- Margin trading available on all crypto instruments covered
Cons
- Coinlife does not accept customers in several jurisdictions
- Mobile trading is conducted via a WebTrader
Final Thoughts
After analyzing back and forth all the benefits associated with a Coinlife account, our conclusion is that this is a trading platform worth considering by those who wish to focus 100% on the cryptocurrency market. The industry continues to advance regardless of critics and retail traders have a unique opportunity to be part of the ongoing digital revolution in the financial industry. Although no one can speculate the future of crypto, these will continue to be volatile instruments, meaning plenty of short-term trading opportunities down the road.